March 12, 1996 |
Those who haven't paid attention to the goings-on at Simi Valley's Whittaker Corp. over the past year may not immediately recognize the diversified high-tech company. Once completely focused on the aerospace and defense industries, Whittaker has made a big dent in the communications field of late. And last week's acquisition of Xyplex Inc., a communications networking operation previously owned by the Massachusetts-based Raytheon Co.
September 19, 1995
Whittaker Electronics Systems of Simi Valley was recently awarded a $1.6-million contract to provide communications equipment for Apache attack helicopters used by the United Arab Emirates. The Wideband Secure Voice and Data Encryption systems will allow pilots to communicate in code with their ground crew. Whittaker Electronics, a division of Whittaker Corp. in Simi Valley, has manufactured about 300 similar communication systems for the U.S. government since the early 1980s.
CALIFORNIA | LOCAL
August 6, 1996 |
Developers of a planned housing project on the site of a former munitions factory said Monday that state environmental officials have reduced from 76 to eight the number of sites on the parcel classified as contaminated, which the company said shows that a cleanup is possible. James Schultz, director of business development for Simi Valley-based Whittaker Corp.
CALIFORNIA | LOCAL
August 9, 1996 |
The state Environmental Protection Agency said Thursday that 51 contaminated areas exist on the site of a former munitions factory slated to become a housing development, contesting an assertion by the developer this week that the EPA had reduced the number to eight. After the EPA announcement, officials of Simi Valley-based Whittaker Corp., which owns the 996 acres in Saugus, said their claim was misunderstood.
September 5, 1995 |
Whittaker Corp., based in Simi Valley, had improved sales but lower profits in its fiscal third quarter compared to the same period last year. In the three months ended July 31, Whittaker had net income of $1.7 million, or 18 cents a share, on sales of $44.3 million. This compared with a net profit of $2.9 million, or 31 cents a share, on sales of $33.1 million a year earlier. Thomas A.
June 7, 1990 |
Whittaker Corp. on Wednesday reported a $3.3-million loss from continuing operations for its fiscal second quarter on sales of $51.2 million. In the same period of last year, Whittaker posted income from continuing operations of $3.3 million on sales of $45.5 million. Whittaker recorded a $2.1-million loss from discontinued operations during the second quarter, which ended April 30, contrasted with a profit of $4.3 million in that category during the year-ago quarter.
April 3, 1997 |
Whittaker Corp. plans to divest all or part of its defense electronics unit in the coming months and said it retained an investment advisor to assist in exploring strategic options to cut debt. The Simi Valley-based company said its debt is currently $146 million. Whittaker had a loss of $17.1 million, or $1.70 a share, on sales of $221.9 million for the year ended Oct. 31.
September 2, 1988 |
There was unusually heavy trading in the stock of Whittaker Corp. on Thursday, but the Los Angeles-based chemical and technology firm said it cannot account for the investor interest. The company issued the statement in response to a query from the New York Stock Exchange after 212,100 shares changed hands, boosting the closing price to $34.50, up $1.75. The issue's average daily trading volume is 21,000 shares. On Wednesday, the stock had gained $1.25. Its 12-month high is $39.50.
November 21, 1995 |
A unit of Whittaker Corp., an aerospace and telecommunications manufacturer based in Simi Valley, has signed an agreement to develop a consumer-safe fueling nozzle for liquid natural gas-powered vehicles. Whittaker already claims to be the leading producer of aircraft fuel nozzles. With the signing of an agreement with CALSTART Inc., a nonprofit clean-car consortium, Whittaker is entering the race to produce an environmentally acceptable nozzle for cars and trucks. Whittaker Controls Inc.
February 6, 1990 |
Whittaker Corp. announced Monday that it will sell its specialty chemical business to a Chicago firm for $225 million and use the proceeds to reduce debt. The diversified Los Angeles company had previously said it wanted to sell its chemical and some other businesses to concentrate on its aerospace and biotechnology segments.